Darrell Benge
Filmmaker, Photographer, and Dancer in Petersburg, VA
There are many highs and lows in real estate.It is crucial that you do not let those lows convince you give up.
Do not buy any property that you are unable to pay for. If you're renting a property, you should make sure that you can still meet your monthly mortgage payments even if one or two units sit empty. Depending on rental income solely for paying the payment of your mortgage isn't a smart approach.
Do not let your emotions to get in the best of you. Keep your emotions out of it to ensure you don't pay too much or don't make enough profit in the end. You can only profit by applying this way.